http://blink.fhlbc.loc/sites/Communications/Shared%20Documents/FHLBank%20Chicago%20Rebrand%202021/Logos/FHLBANK_CHICAGO_LOGOS_horizontal_Navy.png
10/19/21 8:32 AM
Rate Indications
 To take down an advance, login to eBanking or contact the Member Transaction Desk : 
855-345-2244, Option 1
 Today's Headlines   Market Rates 
Early bird discounts, all before 10:00 a.m.: (1) Available on A120 (<= 27 days) advances, additional volume discounts may be available; (2) 1-month (no minimum at .20%) and 3-month (no minimum at .20%) A121 advances. To execute, please call the Member Transaction Desk before 10:00 a.m.

Advance Discount Specials (until December 31, 2021): 5 bps discount on qualifying fixed rate fixed term advances, callable fixed rate, and amortizers. Visit our Solutions page on fhlbc.com for Terms and Conditions.  
 Term   Treasury   Swaps   Fixed Rate Advances 
2 years 0.40% 0.56% 0.63%
5 years 1.15% 1.22% 1.33%
7 years 1.45% 1.43% 1.65%
10 years 1.61% 1.62% 1.91%
       
 Fixed Rate Advances   Fixed Rate Callable Advances (Call Option Owned by Member) 
Term Community Advances Regular Advances All-in After Dividend* Forward-Starting  Term   Lockout   Bermudan   All-in After Dividend*   Option Cost 
 1 week    0.22% 0.01% Advances settle one year forward from today and then have stated term to maturity  2 years  6 months 0.75% 0.54% 0.12%
 2 weeks  0.22% 0.01%  2 years  1 year 0.69% 0.48% 0.07%
 3 weeks  0.22% 0.01%  3 years  6 months 1.04% 0.83% 0.15%
 1 month  0.12% 0.22% 0.01%  3 years  1 year 1.00% 0.79% 0.11%
 3 months  0.12% 0.22% 0.01%  5 years  6 months 1.57% 1.36% 0.24%
 6 months  0.13% 0.23% 0.02%  5 years  1 year 1.50% 1.29% 0.17%
 9 months  0.14% 0.24% 0.03%    5 years  2 year 1.46% 1.24% 0.13%
 1 year  0.20% 0.30% 0.08% 0.97%  7 years  1 year 1.85% 1.64% 0.19%
 1.5 years  0.39% 0.49% 0.28% 1.10%  7 years  2 years 1.78% 1.57% 0.12%
 2 years  0.53% 0.63% 0.42% 1.20%  10 years  2 years 2.16% 1.95% 0.25%
 2.5 years  0.66% 0.76% 0.55% 1.32%  10 years  3 years 2.10% 1.89% 0.19%
 3 years  0.79% 0.89% 0.68% 1.42%  10 years  5 years 1.99% 1.78% 0.08%
 3.5 years  0.92% 1.02% 0.81% 1.52%  15 years  5 years 2.49% 2.28% 0.14%
 4 years  1.03% 1.13% 0.92% 1.60%  Fixed Rate Putable Advances (Call Option Owned by FHLBC) 
 4.5 years  1.13% 1.23% 1.02% 1.69%  Term   Lockout   European   All-in After Dividend*   Option Value 
 5 years  1.23% 1.33% 1.12% 1.77%  3 years  6 months 0.23% 0.01% 0.00%
 6 years  1.41% 1.51% 1.30% 1.89%  5 years  6 months 0.23% 0.02% 0.00%
 7 years  1.56% 1.65% 1.44% 1.96%  7 years  6 months 0.25% 0.04% 0.02%
 10 years  1.81% 1.91% 1.70% 2.20%  10 years  6 months 0.26% 0.05% 0.03%
 15 years  Call for availability 2.35% 2.13%    3 years  1 year 0.27% 0.06% -0.02%
 20 years  2.64% 2.43%    5 years  1 year 0.28% 0.07% -0.01%
 30 years 
2.81% 2.60%    7 years  1 year 0.29% 0.08% 0.00%
   10 years  1 year 0.30% 0.09% 0.01%
 5 years  2 years 0.56% 0.35% -0.07%
 Amortizing Advances   7 years  2 years 0.56% 0.35% -0.07%
  Amortization Term  10 years  2 years 0.54% 0.33% -0.09%
Term 5 years 7 years 10 years 15 years  7 years  3 years 0.86% 0.65% -0.03%
 5 years  0.97% 1.14% 1.23% 1.28%  10 years  5 years 1.27% 1.06% -0.06%
 7 years  na 1.25% 1.45% 1.55%  Term   Lockout   Bermudan   All-in After Dividend*   Option Value 
 10 years  na na 1.55% 1.76%  5 years  6 months 0.18% -0.03% -0.05%
Term 15 years 20 years 25 years 30 years  7 years  6 months 0.17% -0.04% -0.06%
 15 years  1.93% 2.13% 2.21% 2.26%  10 years  3 months 0.21% -0.01% -0.01%
 20 years 
na 2.23% 2.40% 2.49%  7 years  1.24% 0.02% 1.26% 0.32%
 30 years  na na na 2.59%    10 years  1.55% 0.02% 1.58% 0.32%
                     
                     
 Floating Rate Advances 
 Term Discount Note Floater Advances     Overnight Index Floater Advances** 
  Non-Prepayable Prepayable (on reset dates)^  Index / Rate Indic.   Term   Prior Index   Spread   Prior Day 
 Term**   Spread to 4WK   Spread to 13WK   Spread to 4WK   Spread to 13WK  Overnight  DN^ <= 3 Months 0.020% 0.31% 0.33%
 3 months  0.25% n/a 0.31% n/a SOFR 3 Months 0.05% 0.16% 0.21%
 6 months  0.26% 0.21% 0.33% 0.29%   SOFR 6 Months 0.05% 0.16% 0.21%
 1 year  0.27% 0.24% 0.34% 0.31% SOFR 9 Months 0.05% 0.16% 0.21%
 2 years  0.29% 0.28% 0.31% 0.30% SOFR 1 Year 0.05% 0.17% 0.22%
 3 years  0.30% 0.29% 0.32% 0.31% SOFR 18 Months 0.05% 0.18% 0.23%
 4 years  0.31% 0.30% 0.33% 0.32% SOFR 2 Years 0.05% 0.19% 0.24%
 5 years  0.32% 0.31% 0.34% 0.33% SOFR 3 Years 0.05% 0.22% 0.27%
Prior Index 4 week 0.021% 13 week 0.049% SOFR 4 Years 0.05% 0.28% 0.33%
 ^Prepayable at par with 1 day notice. **Please call for terms between 5 years and 10 years, or for 26 week index.  SOFR 5 Years 0.05% 0.34% 0.40%
 Overnight Advances  SOFR 6 Years 0.05% 0.42% 0.46%
 Term     Minimum   Today   Prior Day  SOFR 7 Years 0.05% 0.47% 0.51%
1 Day   No minimum 0.22% 0.22% SOFR 8 Years 0.05% 0.50% 0.54%
Open Line (Daily Rate Set)# No minimum 0.37% 0.37% SOFR 9 Years 0.05% 0.53% 0.58%
#Rate set at and available until 3:00 pm; Late Day Advances may be available until 4:30 pm by calling 855-345-2244, Option 1. SOFR 10 Years 0.05% 0.56% 0.62%
FHLBC Deposit Rates^ DID (yesterday) 0.00001%  ^Prepayable same day before 3:00PM. **Please call for additional terms not listed above. 
 ^Call for term deposit rates.